Stock Pickers Digest Hotline – Friday, February 11, 2011

BAFFINLAND IRON MINES, $1.50, symbol BIM on Toronto, is now over 90% held by joint takeover bidders Luxembourg-based ArcelorMittal, the world’s largest steelmaker, and Nunavut Iron Ore Acquisition.

The final offer was for $1.50 a share for all of Baffinland’s shares. When the bid is… Read More

Baffinland bidders unite

BAFFINLAND IRON MINES $1.51 (Toronto symbol BIM; TSINetwork Rating: Start-up) (416-364-8820; www.baffinland.com; Shares outstanding: 343.1 million; Market cap: $518.1 million; No dividends paid) is now the subject of a joint takeover bid. Luxembourg-based ArcelorMittal, the world’s largest steelmaker, and rival bidder Nunavut Iron Ore Acquisition… Read More

Stock Pickers Digest Hotline – Friday, January 14, 2011

PLEASE NOTE: Next week, Stock Pickers Digest will reveal its #1 pick for 2011. Don’t miss this unique opportunity to profit.

ZARGON OIL & GAS LTD., $21.90, symbol ZAR on Toronto, is the new name of Zargon Energy Trust following its conversion to a dividend-paying… Read More

Stock Pickers Digest Hotline – Friday, January 7, 2011

PLEASE NOTE: Next week, The Successful Investor, our newsletter that focuses on high-quality Canadian stocks, will reveal its #1 pick for 2011. If you’re not already a Successful Investor subscriber, click here to learn how you can get one month—including our 2011 stock of the… Read More

Top stock picks: 5 takeovers in 11 weeks — a new record!

Our top stock picks seem to attract way more than an average number of takeover bids. We think this is because we zero in on a company’s earnings potential, rather than basing decisions on predictions for next year’s earnings.

Corporate buyers and big investors usually… Read More

Stock Pickers Digest Hotline – Friday, December 17, 2010

PLEASE NOTE: This is our last Hotline for 2010. Our next Hotline will go out on Friday, January 7, 2011.

BAFFINLAND IRON MINES, $1.32, symbol BIM on Toronto, has received a revised hostile, $1.35-a-share takeover offer from Nunavut Iron Ore Acquisition. Baffinland earlier rejected an… Read More

New bid for Baffinland

BAFFINLAND IRON MINES $1.16 (Toronto symbol BIM; SI Rating: Start-up) (416-364-8820; www.baffinland.com; Shares outstanding: 343.1 million; Market cap: $398.0 million; No dividends paid) has received a friendly $1.10 a share takeover offer from Luxembourg-based Arcelor-Mittal, the world’s largest steelmaker. Baffinland recently rejected a hostile, $0.80-per-share… Read More

Stock Pickers Digest Hotline – Friday, November 12, 2010

TOROMONT INDUSTRIES, $29.06, symbol TIH on Toronto, has announced plans to break itself up into two publicly traded companies: Toromont, a distributor of Caterpillar and industrial equipment; and Enerflex, a supplier of natural gas production and processing equipment.

Toromont acquired Enerflex Systems Income Fund earlier this… Read More

Takeover keys

Another one of our buys — Baffinland Iron Mines — has attracted a takeover bid.

Investors often ask how we have managed to recommend so many stocks over the years that get taken over. One key is that we aim to recommend stocks with hidden assets… Read More

What to do with BIM

BAFFINLAND IRON MINES $0.99 (Toronto symbol BIM; SI Rating: Start-up) (416-364-8820; www.baffinland.com; Shares outstanding: 342.9 million; Market cap: $339.5 million; No dividends paid) is the subject of a hostile, $274.3-million takeover offer from Nunavut Iron Ore Acquisition Inc., which is wholly owned by privately held… Read More